7 Cession Maintenance
This topic provides information on Cession Maintenance.
In some cases, Policy Holders with endowment policies might desire to cede their policies. This would typically mean that ownership of the policy might be ceded or transferred to another individual. The ceding could be either temporary or permanent, as the case may be.
Note:
Cession Maintenance can be carried out through the Fund Manager component only.The Cession Maintenance screen allows you to maintain various Cession IDs. These can be attached to the necessary policies. The next topic gives you step-by-step instructions to do the same.
This topic contains the following sub-topics:
- Process Cession Maintenance Detail
This topic provides the steps you need to follow to maintain a Cession ID. - Cession Maintenance Summary
This topic provides the systematic instructions to perform the basic operations on the selected records.